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Tag: US Federal Reserve

Gold prices
Latest Pakistan
  • Web Desk
  • Oct 16, 2025
Gold prices hit record high in Pakistan, globally

According to data shared by APGJSA, the price of gold in Pakistan jumped by Rs1,900 per tola

Bitcoin
Business
  • Reuters
  • Aug 14, 2025
Bitcoin rises alongside global markets as rate cut expectations mount

Ether also continued its upward trend. Year-to-date, ether has gained 42 per cent, outperforming 32 per cent rise in bitcoin.

Business
  • Web Desk Karachi
  • Jul 03, 2025
Trump calls for Federal Reserve chair Jerome Powell’s immediate resignation

Trump, who nominated Powell to lead the Fed during his first term, has repeatedly criticized him for not lowering interest rates, although it remains unclear whether the president has the legal authority to dismiss Powell from his position.

US Federal Reserve Chair Jerome Powell
Latest
  • AFP
  • May 17, 2025
US Fed plans to cut workforce by 10% in next ‘couple of years’

The plans will include a “voluntary” deferred resignation program for eligible employees at the Federal Reserve Board in Washington.

US Dollar
Business
  • Reuters
  • May 12, 2025
Dollar surges after China-US truce improves growth outlook

The greenback’s climb clobbered safe-haven currencies the most, rising 1.9 per cent to 148.16 yen and 1.5 per cent to 0.8443 Swiss francs.

Wall St
Business
  • Reuters
  • Mar 19, 2025
Wall St gains ahead of Fed decision; dollar firms as Turkish lira slides

Megacap tech-related momentum stocks rebounded in a risk-on revival that put the Nasdaq out front and strengthened the dollar.

US stocks ended lower but off their lows of the day as the Federal Reserve held interest rates steady as expected.
Business
  • Reuters
  • Jan 30, 2025
Wall Street ends down but off day’s lows; Fed holds rates steady

Technology shares were the biggest drags on the S&P 500, with Nvidia and Microsoft among stocks leading the way down.

Trump singles out transgender persons
World
  • Reuters
  • Dec 19, 2024
Trump, not yet in office, already a figure in global economic policy

The Fed cut rates as expected on Wednesday amid a busy year-end run of central bank meetings from Ottawa and Frankfurt to Tokyo and London that showed heightened uncertainty ahead of Donald Trump entering the White House in the new year.

The US Federal Reserve announced a 0.5 per cent cut in interest rates, adjusting the target range to between 5 per cent to 5.5 per cent.
Business
  • Web Desk
  • Sep 19, 2024
US Federal Reserve cuts interest rates

The move is part of a broader strategy that has seen a total reduction of 4.7 per cent in interest rates over the fast four years.

gold price international
Business
  • Web Desk
  • Dec 20, 2023
24-karat gold rate surpasses Rs218,000 per tola

The 24-karat gold witnessed a notable surge, climbing by Rs900 per tola, ultimately settling the session at Rs218,500.

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